LUNC/USDT – 4H – SELL

Moreover a ‘Double top chart pattern’ chart formation is detected. The chart picture forms ‘Double top chart pattern’. this is a bearish signal. The pair is likely to go down.

The pair Terra Luna Classic/Tether (LUNC/USDT) moves from the bullish trendline downwards

A bearish trend down to the next support line at 0.000055050 is certain.

Caution: A possible change in the direction of the resistance zone at 0.000072460 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. this is usually a bearish signal. The pair is likely to go down.

Moreover a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.000072460 – 0.000065320 – 0.000065680 – 0.000060700 – 0.000055050 – 0.000055440

Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Northern Doji – Double top chart pattern –